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Chinchilla 18411
123 Morris Avenue
$442,500
● House - Off Market

123 Morris Avenue

South Abington Twp, PA 18411
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,703 Ft²
$2,514
Est. Monthly
3.72%
Cap Rate

About This Property

Welcome to Morris Estates!  Completely remodeled with addition in 2023. This charming new home in Abington Heights brings an array of special features and updates that make it a must see property. The first floor boasts a circular floor plan, providing a great flow for entertaining and every day living. Gleaming hardwood floors and neutral decor enhance this inviting home. You will notice the original refinished hardwood flooring on the first floor adding character and warmth to your living spaces. Step into your chefs kitchen featuring a stunning design perfect for the home chef. Upstairs you have 4 generously sized bedrooms. The master suite has a walk in closet and luxury bath.
Unit Size
2,703 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$166
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GSBR #GSB233867)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Feb 19, 2024 In contract -
In contract
Jan 2, 2024 No longer available -
No longer available
Dec 8, 2023 Price Decreased $450,000
↓ $45K (9.1%)
Price Decreased
Oct 20, 2023 Price Decreased $495,000
↓ $55K (10%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Abington Heights School District
  • School Tax School District: ABINGTON HGHTS
  • Census Tract: 110500

Geography

  • District: 350
  • Parcel: 11206020044
  • Municipality: SOUTH ABINGTON TOWNSHIP
  • Latitude: 41.4731
  • Longitude: -75.6772

    Address

  • Full Address: 123 Morris Ave
  • Address - House Number: 123
  • Address - Street Name: Morris
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Clarks Summit
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,465

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 454,551
  • High Value: 529,663
  • Low Value: 379,439

    Market Valuation

  • Market Total Value: $17,000
  • Market Land Value: $2,000
  • Market Improvement Value: $15,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3394
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jul 21, 2017
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chinchilla

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1974 ft²

Average Home Age

61 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8 Briarwood Way, South Abington, PA, 18411

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,580 ft²
8 Briarwood Way, South Abington, PA, 18411 Listing by Antonia Castelli-Walsh
Unit for rent at 621 Shady Lane Road, South Abington, PA, 18411

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
621 Shady Lane Road, South Abington, PA, 18411 Listing by Wesley Schultz

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: SHERYL A MURPHY
CLASSIC PROPERTIES
Last Updated: 3 years ago
Data Source: GSBR , MLS#
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 123 Morris Avenue built and last sold?
The property at 123 Morris Avenue was built in and last sold on Mar 1, 2024 for $442,500.
How much is this home worth?
The estimated value of the home located at 123 Morris Avenue is $457,692.
What are some comparable homes to 123 Morris Avenue?
There are currently no comparable homes to 123 Morris Avenue.
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